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§ 40-15-3 Application for auction agency license--Contents.

SD Codified L § 40-15-3 (2019) (N/A)
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40-15-3. Application for auction agency license--Contents. All applications for a license to operate a livestock auction agency shall be made in writing to the Animal Industry Board in the form prescribed by the board and shall contain:

(1) The name and addresses of the applicant and all persons having any financial interest in the application and the amount of such interest;

(2) Financial responsibility of the applicant in the form of a statement of assets and liabilities;

(3) A legal description of the property and its location together with a description of the facilities proposed to be used in the operation of such livestock auction agency;

(4) A statement of the facts upon which the applicant relies, the benefits to be derived by the livestock industry and the services proposed to be rendered regularly through the year;

(5) Applicant's experience in the livestock industry including any past operation of a livestock auction agency.Source: SDC 1939, § 40.2002 as added by SL 1961, ch 204, § 2; SL 1990, ch 325, § 239.

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§ 40-15-2 License required for auction agency--Display at place of sales--Violation as petty offense.
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§ 40-15-4 Hearing on application for license--Notice to livestock associations of application.